Coterra Energy Inc (CTRA) concluded trading on Wednesday at a closing price of $28.24, with 4.5 million shares of worth about $126.98 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.84% during that period and on January 29, 2025 the price saw a gain of about 1.22%. Currently the company’s common shares owned by public are about 736.00M shares, out of which, 722.67M shares are available for trading.
Stock saw a price change of -3.22% in past 5 days and over the past one month there was a price change of 14.89%. Year-to-date (YTD), CTRA shares are showing a performance of 10.57% which increased to 11.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.30 but also hit the highest price of $29.95 during that period. The average intraday trading volume for Coterra Energy Inc shares is 6.52 million. The stock is currently trading 1.34% above its 20-day simple moving average (SMA20), while that difference is up 6.75% for SMA50 and it goes to 9.27% higher than SMA200.
Coterra Energy Inc (NYSE: CTRA) currently have 736.00M outstanding shares and institutions hold larger chunk of about 90.61% of that.
The stock has a current market capitalization of $20.80B and its 3Y-monthly beta is at 0.25. PE ratio of stock for trailing 12 months is 17.15, while it has posted earnings per share of $1.65 in the same period. Its PEG reads 0.93 and has Quick Ratio of 1.56 while making debt-to-equity ratio of 0.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CTRA, volatility over the week remained 2.30% while standing at 2.30% over the month.
Stock’s fiscal year EPS is expected to drop by -28.73% while it is estimated to increase by 98.34% in next year. EPS is likely to grow at an annualized rate of 18.44% for next 5-years, compared to annual growth of 11.36% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH MKM on August 27, 2024 offering a Buy rating for the stock and assigned a target price range of between $25 and $29 to it. Coverage by Wolfe Research stated Coterra Energy Inc (CTRA) stock as an Outperform in their note to investors on July 18, 2024, suggesting a price target of $35 for the stock. On June 14, 2024, BofA Securities Resumed their recommendations, while on May 16, 2024, Truist Upgrade their ratings for the stock with a price target of $35. Stock get an Overweight rating from Barclays on April 10, 2024.